Tags: US | economy | bank | rate

Fed Decides to End Quantitative Easing Stimulus Program

Wednesday, 29 Oct 2014 02:16 PM

The Federal Reserve decided Wednesday to end its quantitative easing stimulus program, after six years of pumping money into the economy via asset purchases to shore up growth.

The Fed also said it would not raise interest rates for "a considerable time" after the end of the QE program, sticking to its timetable of an increase well into 2015.

 

© AFP 2017

 
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The Federal Reserve decided Wednesday to end its quantitative easing stimulus program, after six years of pumping money into the economy via asset purchases to shore up growth.The Fed also said it would not raise interest rates for a considerable time after the end of the...
US, economy, bank, rate
59
2014-16-29
Wednesday, 29 Oct 2014 02:16 PM
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